Rasdak Inc

Analysis

Rasdak Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rasdak Inc reported income of $65k and spending of $47k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $65k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rasdak Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within SD. Charities of a similar size with the same main cause include Central Buckeye Conference Inc ($65k), Intrepid Soccer ($65k) and Millburn Fifth Quarter Club ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 90% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.